Maryland got what they want and they got it at a discount, a 40% discount from the asking price. Maryland wins twice: go to a better conference & they got out cheap.

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Maryland didn’t vote for 52 million, both them and FSU voted against that amount. What they did agree to was a 20 million exit fee. 31 million is 11 million more than to what they agreed to pay, so the ACC won by 11 million. And more importantly, if any university wants to leave the ACC, the 31 million exit fee will be a big deterrent.

]]>By: deadeyehttp://collegefootballtalk.nbcsports.com/2014/08/08/acc-maryland-reach-mediated-agreement/#comment-181711
Sat, 09 Aug 2014 14:21:02 +0000http://collegefootballtalk.nbcsports.com/?p=331532#comment-181711“As I understood it the B1G pays out about 5 mil more a year than the ACC. So it won’t be until year 2020 that this move is considered break even for Maryland.”

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The BIG10 payouts are about to go up dramatically. After their new tv contract is negotiated for 2017, they’ll be making 10-15 million more per university per year.

]]>By: corvusrex96http://collegefootballtalk.nbcsports.com/2014/08/08/acc-maryland-reach-mediated-agreement/#comment-181709
Sat, 09 Aug 2014 13:56:29 +0000http://collegefootballtalk.nbcsports.com/?p=331532#comment-181709As I understood it the B1G pays out about 5 mil more a year than the ACC. So it won’t be until year 2020 that this move is considered break even for Maryland.
]]>By: brownsmakemecrazyhttp://collegefootballtalk.nbcsports.com/2014/08/08/acc-maryland-reach-mediated-agreement/#comment-181702
Sat, 09 Aug 2014 13:05:51 +0000http://collegefootballtalk.nbcsports.com/?p=331532#comment-181702When is the BigTen going to learn how to count? New name for the conference should be the Little 14, at least during football season. Basketball they are respectable, football is a joke.

When your best team would finish middle of the pack in the SEC and Pac 12, you are not good.

]]>By: classyjacklamberthttp://collegefootballtalk.nbcsports.com/2014/08/08/acc-maryland-reach-mediated-agreement/#comment-181700
Sat, 09 Aug 2014 12:51:57 +0000http://collegefootballtalk.nbcsports.com/?p=331532#comment-181700@drummerhoff
Maryland didn’t go to a better conference, they went to a conference which was easier to win.
]]>By: musketmaniachttp://collegefootballtalk.nbcsports.com/2014/08/08/acc-maryland-reach-mediated-agreement/#comment-181642
Fri, 08 Aug 2014 21:29:23 +0000http://collegefootballtalk.nbcsports.com/?p=331532#comment-181642can anyone remember the last time Maryland, Pittsburgh, Syracuse or Boston college contributed to college football. These programs died in the ACC. Good move Terps.
]]>By: drummerhoffhttp://collegefootballtalk.nbcsports.com/2014/08/08/acc-maryland-reach-mediated-agreement/#comment-181637
Fri, 08 Aug 2014 20:32:18 +0000http://collegefootballtalk.nbcsports.com/?p=331532#comment-181637ACC Buy-out was $52million
Maryland paid $31mil

Maryland got what they want and they got it at a discount, a 40% discount from the asking price. Maryland wins twice: go to a better conference & they got out cheap.

]]>By: deadeyehttp://collegefootballtalk.nbcsports.com/2014/08/08/acc-maryland-reach-mediated-agreement/#comment-181635
Fri, 08 Aug 2014 19:49:17 +0000http://collegefootballtalk.nbcsports.com/?p=331532#comment-181635This is a win for the ACC. Maryland got out-maneuvered by the ACC’s lawsuits and ending up paying probably double what they should have. The downside for the ACC is that 31 million is nowhere near the 52 million they were demanding.

So now everyone knows, it’ll cost 31 million to leave the ACC, assuming the GOR is somehow “breakable”.

]]>By: mzim2756http://collegefootballtalk.nbcsports.com/2014/08/08/acc-maryland-reach-mediated-agreement/#comment-181630
Fri, 08 Aug 2014 18:50:25 +0000http://collegefootballtalk.nbcsports.com/?p=331532#comment-181630Shouldn’t the headline be: ACC, Under Armour reach mediated agreement
]]>By: givemeglennhttp://collegefootballtalk.nbcsports.com/2014/08/08/acc-maryland-reach-mediated-agreement/#comment-181629
Fri, 08 Aug 2014 18:31:55 +0000http://collegefootballtalk.nbcsports.com/?p=331532#comment-181629Actually, the ACC has passed a “Grant of Rights” Agreement for all of their members, meaning they have all agreed that ANY revenue due to members from any media outlet would be forfeited to the ACC, and be split amongst all the other schools, in the event the School opted to transfer to another Conference. This would mean even if they changed Conferences, any potential revenues they might see there could have claims made against by the ACC if I read the agreement correctly.

Therefore, I highly doubt any team will leave te Conference until this Agreement is amended or expires.

]]>By: John Taylorhttp://collegefootballtalk.nbcsports.com/2014/08/08/acc-maryland-reach-mediated-agreement/#comment-181624
Fri, 08 Aug 2014 18:05:20 +0000http://collegefootballtalk.nbcsports.com/?p=331532#comment-181624Oops. Corrected. Thanks for the gentle heads up.
]]>By: drummerhoffhttp://collegefootballtalk.nbcsports.com/2014/08/08/acc-maryland-reach-mediated-agreement/#comment-181623
Fri, 08 Aug 2014 18:04:43 +0000http://collegefootballtalk.nbcsports.com/?p=331532#comment-181623Now UVA & UNC know what it costs to join the SEC. I know, there’s a GOR, but clearly everything is negotiable and that includes GORs and buyouts.
]]>By: marlon12560http://collegefootballtalk.nbcsports.com/2014/08/08/acc-maryland-reach-mediated-agreement/#comment-181622
Fri, 08 Aug 2014 18:03:07 +0000http://collegefootballtalk.nbcsports.com/?p=331532#comment-181622Posted by John Taylor on August 8, 2014, 1:47 PM EDT
Maryland Announces Move to Big Ten Conference
In the end, Maryland will “save” $20 million as it heads into its first season in the Big 12.